What’s Wrong With Retirement Plans? Up to this point, I have merely indicated the nature of retirement planning using the product approach. The product approach is an approach to retirement planning which focuses on selling products as solutions. Retirement accounts are special tax favors which provide tax benefits to you in exchange for adherence to [...]
Entries Tagged as 'Individual Retirement Account'
Arbitrary Retirement Plan Rules, Part 5: A Solution
February 5th, 2011 · No Comments · Retirement Planning
Arbitrary Retirement Plan Rules, Part 2: IRAs
January 14th, 2011 · 3 Comments · Retirement Planning
An IRA is an “Individual Retirement Account”. The name is somewhat of a misnomer since the account isn’t necessarily “individual” by nature. Perhaps this is a great lead in to the arbitrary definition of the “Individual” in “Individual Retirement Accounts”. An IRA may be part of an employer-based retirement plan (retirement plans that are only [...]